All The Restaurant Group (TRG) articles – Page 9
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NewsTRG promotes Humphries to Frankie and Benny’s MD
The Restaurant Group has promoted Ollie Humphries to managing director of its Frankie & Benny’s brand, MCA understands.
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NewsTRG FY lfls down 2%
The Restaurant Group has reported like-for-like sales down 2% for the 52 weeks to 30 December 2018.
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NewsCrêpeaffaire opens first TRG Concessions site at Luton Airport
Crêpeaffaire has opened the first site through its new partnership with TRG Concessions at London Luton Airport.
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NewsTRG rights issue taken up by 92%
The Restaurant Group has announced the takeup for its rights Issue – to fund the acquisition of Wagamama - at 92%.
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NewsTRG Concessions triple launch at Norwich Airport
TRG Concessions is launching two new Costa Coffee cafes and a Navigator pub at Norwich Airport.
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NewsMcCue increases stake in TRG
Andy McCue, chief executive of The Restaurant Group, has shown his confidence in the company’s acquisition of Wagamama being a positive for the business, after acquiring close to c£50,000 worth of shares in the Frankie & Benny’s operator.
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NewsTRG shareholders approve Wagamama deal
Shareholders of The Restaurant Group have approved its £559m bid to acquire Wagamama.
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NewsLeading TRG shareholder against Wagamama deal
One of The Restaurant Group’s (TRG) biggest shareholders has come out in opposition to the company’s proposed £559m acquisition of Wagamama.
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NewsTRG pulls out of Peach talks
The Restaurant Group (TRG) has pulled out of talks to acquire Peach Pub Company, the Midlands-based, multiple pub operator, as it puts all its focus on getting its proposed £559m acquisition of Wagamama across the line, MCA understands.
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NewsInvestors wade in to support TRG strategy
The Restaurant Group has received backing for its bid to acquire Wagamama from top 5 investor Jo Hambro.
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NewsTRG investors savage Wagamama bid
The Restaurant Group’s bid to acquire Wagamama has come under fresh pressure after two investors said the deal would destroy shareholder value.
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Opinion
Analysts corner: Peel Hunt on TRG
Peel Hunt analysts Douglas Jack and Ivor Jones have updated their comments on The Restaurant Group’s bid for Wagamama, saying yesterday’s rights issue announcement failed to address the key issues. They set out some of the questions they believe investors should be asking of the group.
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NewsTRG launches £315m rights issue
The Restaurant Group (TRG) has confirmed its fully underwritten rights issue to raise £315m for the proposed acquisition of Wagamama.
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NewsAnalysts corner: Goodbody on TRG/Wagamama deal
There have been a range of positive and negative reactions from analysts following the proposed sale of Wagamama to The Restaurant Group, but despite some concerns Goodbody feels is it a deal that can deliver.
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NewsAnalysts corner: Peel Hunt on TRG/Wagamama
Peel Hunt analysts Douglas jack and Ivor Jones have expressed “considerable doubts” about The Restaurant Group (TRG)’s plans to acquire Wagamama.
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NewsAnalysts corner: Barclays on Wagamama sale
Following the news that The Restaurant Group (TRG) has set the wheels in motion to acquire Wagamama, Barclays lends its thoughts on the subject, and warns the brand not to go changing.
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NewsTRG gambles big on Wagamama deal
The Restaurant Group (TRG) chief executive Andy McCue has rolled the dice and landed on Wagamama – arguably the UK restaurant sector’s best-in-class concept. It is a gamble that many would argue the Frankie & Benny’s operator had to take, but – with TRG’s shareholder still to OK the deal – what does it mean for both businesses and for the wider sector, asks Mark Wingett.
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NewsAnalysts corner: TRG’s acquisition of Wagamama
Following the news this morning that The Restaurant Group is to acquire Wagamama, we round-up some of the latest analysts’ reaction on the deal, including Shore Capital, Goodbody, Berenberg and JP Morgan.
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NewsTRG swoops in to purchase Wagamama in £357m deal
The Restaurant Group (TRG) has announced it has conditionally agreed to purchase the entire capital of Mabel Topco Limited – the holding company of a group that owns and operates Wagamama.
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NewsPaul May steps down from TRG board
Paul May, the chief executive of Patisserie Holdings, is to leave his role as a non-executive director at The Restaurant Group with immediate effect.